$6.15 million profit in 2 years!

During 2011-12 I commissioned Prosper Group to find a multi-tenant commercial building for investment. Following many months of patient search and negotiation I eventually bought an attractive property with long term future development upside in October 2009. Detailed and patient due diligence process assured me it would be a good medium-long term hold. Proper Group managed all aspects of the purchase, management and subsequent sale.

During the next few years the boom of conversion of commercial sites to residential apartments rapidly grew.  After many unsolicited enquiries and offers we decided to openly market the site. This was handled very well by Prosper and Ray White Commercial resulted in my accepting a very attractive offer December 2014 with delayed settlement February 2016.

Also in late 2012 through Prosper Group I bought another multi-tenant Commercial property with the same objective and criteria.  Planning changes in the area have created significant capital gain that will be realised in 3-4 years.

In April 2009 Prosper Group also assisted me in buying a large single tenant industrial building that has been an excellent stable, simple well performing investment.


Ross Glasson
Private Investor

Adelaide investor saves $325,000 on high-yielding QLD commercial office block

“I wanted to invest in a commercial property, but as I live in Adelaide there was no way I could commit the time to the research and negotiation. Once I contacted Prosper Group, Alex and the team around the country set about establishing a short-list of potential properties to begin the due diligence process.

Together we rejected the properties that didn’t meet the strict checklist we created together. Eventually, we settled on an excellent retail complex in inner-city Brisbane.

Prosper Group’s negotiation skills reduced the price from $1,500,000 to $1,175,000. I saved much more at purchase than it cost me to engage Prosper Group to complete the transaction.

The property, which is zoned for further development, was purchased on a net yield of 12.65%. Seven months later, it was re-valued at $1,485,000. The property is now returning a high yield with stable long term tenants.

I am very impressed with Prosper Group’s method of selection, their support team – including solicitors – their management and their process from start to finish. Their attention to detail is second to none and they will not push anything through until all of the buyer’s requirements are satisfied.

I can highly recommend Prosper Group. We are currently in the process of finalising another commercial deal and I look forward to building a large portfolio of properties with their assistance over the ensuing years”.


J.B.
Company Director & investor

Client makes a 50% profit in just over 12 months

Running a busy practice leaves me little time to look for property, I engaged Prosper Group to source and negotiate a commercial investment property for me. They negotiated an outstanding deal for me – almost 19% off the purchase price. They did extensive due diligence ensuring the property met my criteria. The final property we selected was in an area council designated to modernise and add additional infrastructure.

The property was purchased on a net yield of 8.91%.

12 months later nearly to the day council actually offered me $200,000 more than what I paid for the property. I asked Prosper Group for their input and to my delight they negotiated an extra $600,000 for me.


Dr Barry Young
Mermaid Beach, QLD

Experienced investor purchases an off market fully leased shopping centre with future development potential

Meticulous, thoroughly professional, very patient. A pleasure to deal with.


Dr Emanuel Cassimatis

Extensive search identifies two off market trophy investment properties

Prosper Group understood the type of property investment profile we were seeking and provided numerous properties for the association to consider. The shortlist were quality properties and the due diligence work that Prosper Group undertook was very thorough and provided valuable information for the board to consider. The NSW Farmers Association has ended up with 2 high quality buildings. Thank you Prosper Group.


Matt Brand - CEO
NSW Farmers Association

Growing business finds the right property

I would like to thank Prosper Group for their expert help in finding a business location for our growing business.

As anyone in small business realises time is hard to come by, Prosper Group found the potential properties, narrowed them down and then in one day only for me we selected the right property.

Prosper Group then negotiated the deal all with little effort and time from myself.

I have no hesitation in recommending Prosper Group; they will save you time and money and also offer friendly advice.


Mark Dooley
Director - Best Doors

High yielding long term investment

We thank Prosper Group for their diligent and professional approach in assisting us with purchasing a commercial investment property. Prosper Group really helped guide us through the ups and downs of finding, negotiating, analysing and successfully purchasing an investment that satisfied our requirements.

Prosper Group’s experience and expertise kept us ahead of the market and helped us be competitive in a strong market. They also provided us with a diversified search covering all of NSW and QLD which ultimately led us to buy a property in Brisbane when we were originally only considering Sydney and the Newcastle region. Although this was a new market for us Prosper Group made us feel comfortable with the area and the property and we achieved a better result than the properties we were considering in Sydney.

We valued and enjoyed the education on industrial properties throughout the search, and appreciated the market background intelligence so as we could reassess our strategy in moving market conditions.

We are happy to have Prosper Group as our property adviser and asset manager.


Norris Family

Kennards Hire seeks Prosper Groups assistance

Having out grown an existing location, we (Kennards Hire) decided to look into the option of relocating that branch.

Not having enough time to devote to such a large task and having previously worked with Prosper Group on another of our properties I engaged their services to assist with the location of the new site.

Prosper Group showed their professionalism and expertise throughout the whole process, making the job very easy for me.

I will recommend their services to anyone looking to purchase a property and will continue to use them in the future.  Thanks for your help.

 

 

 


Cameron Kennard
Kennards Hire & Keneco Property